Abstract: Every car company will probably exert all its strength in new energy vehicles in 2022 (welcome to pay attention to the leverage game)
Written by | Zhang Yinyin & Editor| was pleased
The data of the new car-making forces is really fast.
The number of sales seats in 2021 is basically out. The leverage game is not nonsense, Xiaopeng is the first, and then Weilai and Ideal bite very tightly, ranking 2 and 3 places.
Then Nezha, Weima, and Zero Run. As shown in the following figure.
2021 car-making new forces delivery ranking Chart source| E-commerce News (thanks)
Oh, one more word. The research report of Everbright Securities on January 3, 2022, estimates that Tesla's domestic deliveries should exceed 300,000 units in 2021 and about 936,000 units worldwide.
The top 3 of our new forces are not as good as Tesla's domestic sales.
Back to the new forces of car-making, since the data is out, this week's "leverage car", leverage game to talk about their 2021.
1, Xiaopeng Automobile won the sales of new car-making forces, but it still needs to work hard to make money. Everbright Securities said that in December 2021, the delivery volume of Xiaopeng Automobile increased by 181% and 2% year-on-year and month-on-month to 16,000 units.
With 42,000 vehicles delivered in the fourth quarter of 2021 and 98,000 vehicles delivered in the whole year of 2021, it is the closest to 100,000 vehicles among the new car-making forces, and it has won the Iron Throne.
Chart source| Soochow Securities (thanks)
It is worth saying that Xiaopeng Automobile is expected to deliver between 34,500 and 36,500 units in the fourth quarter of 2021, and the actual delivery is better than expected.
According to Soochow Securities, as of the end of November 2021, Xiaopeng Automobile has rolled out 661 brand supercharging stations nationwide, covering 228 cities, compared with a total of 439 brand supercharging stations nationwide at the end of September, covering 121 cities Compared with the charging network, the charging network has increased significantly, and the number of cities covered has increased more;
In terms of sales and service network, as of the end of November 2021, 311 Xiaopeng sales stores will be operated nationwide, covering 121 cities and 51 vehicles/stores with a single store efficiency.
However, from the performance of the third quarter of 2021, the net loss of Xiaopeng Automobile is close to 1.6 billion yuan, which is the largest among "Wei Xiaoli".
Chart Source| Automotive Network Review (thanks)
And the gross profit margin in the third quarter was less than 15%, and the leverage game noted that it was the lowest in "Wei Xiaoli".
2. Weilai Automobile's delivery in December 2021 is lower than that of Xiaopeng and Ideal, and the slight advantage of delivery in 2021 exceeds that of Ideal. In December 2021, NIO deliveries increased 50% year-on-year and 4% month-on-month to 10,000 units.
25,000 units were delivered in the fourth quarter of 2021 and 91,000 units in the full year of 2021, just 1,000 more than ideal. As shown in the following figure, the December delivery is actually a failure to beat Xiaopeng and ideal.
NIO's expected deliveries in the fourth quarter of 2021 ranged from 23,400 to 25,500 units, which was basically in line with expectations.
Chart source| Blue Whale Finance (thanks)
From the perspective of the delivery growth rate of the whole year of 2021, leveraged games noted that Weilai increased by 109.1% year-on-year, lower than Xiaopeng, the ideal 263.0%, 177.4%.
In December 2021, NIO ET5 was released as a medium-sized intelligent electric coupe, and delivery is expected to begin in September 2022. In addition, NIO's medium and large sedan ET7 will start delivery in March 2022.
Can I win back a round at that time?
According to the Soochow Securities Research Report, in December 2021, NIO added 99 new substations, 89 supercharging stations, 28 destination substations, and more than 20,000 third-party charging piles.
By the end of 2021, WEILAI has laid out a total of 777 substations, 605 overcharge stations, and access to more than 450,000 third-party charging piles; by the end of 2021, a total of 205 high-speed substations have been built.
3, the ideal car is a little bit away from the second. In December 2021, the ideal delivery volume increased by 162% year-on-year and 4% month-on-month to 14,000 vehicles, respectively, higher than Weilai, but unfortunately, the whole year was a little worse than Weilai.
In the fourth quarter of 2021, ideal deliveries were 35,000 units, up 40.2% sequentially and 143.5% year-on-year, to 90,000 units for the full year.
Deliveries in the fourth quarter were higher than expected, at an expected rate of 30,000 to 32,000 units.
In the third quarter of 2021, the ideal is the lowest net loss in "Wei Xiaoli", only 20 million yuan, and the leverage game wants to know how it will be in 2021.
Soochow Securities Research Report said that by the end of 2021, Ideal Automobile has 206 retail centers across the country, completing the annual target.
There were 32 new ones in November, covering 102 cities.
There are 278 after-sales maintenance centers and authorized sheet metal spray centers, covering 204 cities. In December 2021, the single store efficiency of the ideal retail center was 81 units per unit, down 2.74% month-on-month.
4. Nezha's single-month delivery hit a record high, but the unit price is low, when will it embark on the road to profitability? Nezha Automobile delivered 10,127 units in December 2021, an increase of 235.89% year-on-year and 1.14% month-on-month.
Total deliveries for the full year of 2021 were 69,674 units, up 362% year-on-year.
As of the bottom of 2021, Nezha has a total of 326 service outlets nationwide; Nezha power supply covers a total of 150 cities, with 1637 smart charging stations and 19663 fast charging piles.
In "Borrow Nezha's Car to Go to the Sea!" In the article Zhou Hongyi's profit or loss (October 19, 2021), the leverage game once wrote that Nezha car performed strongly in 2021, which is a feeling.
At that time, the announcement of 360 disclosed the financial situation of Nezha Automobile. In 2020, Nezha Automobile's revenue was 1.297 billion yuan and net loss was 1.321 billion yuan;
In the first half of 2021, Nezha Automobile's revenue was 1.632 billion yuan and its net loss was 693 million yuan.
Revenue growth is good, but losses are still high. At the same time, Nezha Automobile's products focus on low-end models.
5. WM Motors will catch up with the dividend in 2021. In December 2021, 5,062 units were delivered, up 0.7% sequentially and 95.6% yoY.
For the whole year of 2021, Leveraged Games noted that WM delivered a total of 44,157 vehicles, an increase of 96.3% year-on-year.
By the end of 2021, WM Motors has connected more than 440,000 charging piles, covering 32 provincial-level administrative regions and 361 cities across the country, including Hong Kong.
6, zero-run cars delivered a record high in a single month, and the performance in 2021 is also good. Record deliveries in December 2021 at 7,807 units, up 368% yoy and 39% q/m
In 2021, a total of 43,121 vehicles were delivered, an increase of 326.05% year-on-year, which is also scary enough.
Can such a good performance be sustained in 2022?
Chart source| Pacific Securities (thanks)
Judging from all parties, the leveraged game also recognizes that 2022 is expected to be a year of continuous outbreak of new energy vehicles, which is the dividend of all car companies and investors.
Of course, the competition in 2022 will also be more intense, and when 2022 has not yet arrived, at the end of 2021, Huawei and Xiaokang shares will impatiently release the Cyris AITO Q&I M5.
For details, see the leveraged game "There is not much time left for Huawei and Xiaokang" (December 29, 2021).
Every car company will probably exert all its strength on new energy vehicles in 2022... It must be a good year, and when we look back on 2022, the ranking of new car-making forces may have changed again.
This article specially acknowledges Soochow Securities, Everbright Securities, Zheshang Securities and Pacific Securities
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